You can’t retire properly without some sort of annuity…. FACT

It’s not my opinion it’s just a mathematical, scientific and economic fact. You cannot retire without some sort of annuity in your portfolio.
And those are just the facts.

And here’s why

You see there are a lot of risks in retirement. There is market risk, there is order of return Risk, There’s inflation, deflation. Heck you may need long term care. You may even DIE. There are a lot of risks in retirement

But the single biggest Risk, The number 1 risk is Longevity Risk. And longevity is not just a risk, it’s a risk multiplier of all those other risks.

What am I talking about?
Let’s say that you retire at age 65 and you drop dead 3 years later at age 68.
If the stock market drops 3000 points does it matter? NOPE
If you withdraw 10% from your portfolio annually does it matter? NOPE
If you forgot to purchase long-term care insurance DOES IT MATTER? No WHY?

Because you didn’t live long enough.
But what if you live to age 80, 85 or 95 years of age? It’s all those other risks that will wipe you out.

So what Math and science has taught us is that you must take Longevity risk OFF the table. Stocks can’t take longevity risk off the table, Bonds can’t take longevity risk off the table, and Managed money can’t take longevity risk off the table.

Only some form of an annuity can provide a guaranteed paycheck for life and those are just the facts.

So where can you get this.

Well Social Security is a form of an Annuity it’s a guaranteed paycheck for life.
We all have an opinion about social security. Pension is a form of an Annuity it’s a guaranteed paycheck for life. Not too many people today have a pension.

So where else can you get this.
Only an insurance company can provide some form of a guaranteed paycheck for life. Only some form of annuity, or a lifetime income annuity, or a deferred lifetime income annuity or an income rider on an insurance policy
THAT’S IT